This details the fees associated with general agent licensing and additional services relevant to all brokerages. The schedule outlines costs related to licensing, board/association dues, MLS subscription fees, continuing education, electronic signature services, E&O insurance options, rental certification, lockbox services, team member fees, and contract writing systems. Please review the following schedule to understand the fee structure and payment cycles.
BOARD/ASSOCIATION
Description: Annual membership dues.
Fee Details: Estimated Dues: $800-$1150 (Varies by board).
BRIGHT
Description: MLS Subscription Fees are billed quarterly.
Fee Details: Registration Fee: $250, Quarterly Fee Estimate: $120.
CONTINUING ED
Description: Payment per class within a 2-year renewal span.
Fee Details: Variable, based on class selection.
DOCUSIGN/AUTHENTISIGN- Northrop Fee Charge via Long & Foster
Description: Annual billing for electronic signature services.
Fee Details: Authentisign: $45, Docusign: $96.
E & O Insurance Options- Northrop Fee Charge via Long & Foster
Option
Description: Billed semi-annually; covers up to a $2,000 deductible per claim.
Fee Details: $342.
LONG & FOSTER RENTAL CERTIFICATION
Description: One-time registration fee.
Fee Details: $5.
SENTRILOCK
Description: Quarterly billing for lockbox services.
Fee Details: Registration Fee: $50, Quarterly Fee: $50.
TEAM MEMBER QUARTERLY FEES
Description: Fees for team leaders and members are billed quarterly.
Fee Details: Team Leaders: $350 per quarter. Fees for team members vary.
XCELERATE CONTRACT WRITING SYSTEM
Description: Complimentary contract writing system, with a note on alternatives.
Fee Details: Complimentary. Costs for alternatives like Dotloop may vary.
For any questions regarding this fee schedule or for more detailed information on specific fees, please contact the GPS Department or your Long & Foster Manager. It's important to stay informed about the payment cycles and ensure timely payment to avoid any service interruptions or additional charges.